Canada’s population decline may just be a distant memory after the data is updated. In June, Statistics Canada’s (StatCan) population estimate contained a stark warning that its data will see an unusually large revision. CIBC economists expect the revision will be large enough to reverse the reported declines and expose a new problem—Canada’s job numbers […]
Canadian real estate is falling faster than anywhere else in the G7, yet it remains one of the frothiest markets in the group. Bank for International Settlements (BIS) data shows real (inflation-adjusted) home prices dropped across all but two G7 countries in Q4 2025, the latest common quarter. Despite Canada’s sharp correction, it still lays […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian-Born Wealth Falls Behind Immigrants After Real Estate Bubble Immigrants in Canada are outperforming Canadian-born households on wealth. A new Statistics Canada (StatCan) study divided the two groups into wealth quartiles and found virtually no gap in the upper half, with established […]
If Canadian real estate is in a correction, it forgot to tell buyers in most provinces. CREA data shows the price of a typical home fell nationally in June, even as most of its 9 provincial benchmarks climbed to new highs. In Atlantic Canada, two provinces even made 5-digit jumps over 30 days. You know? […]
Being Canadian-born isn’t the wealth advantage many assume, according to a new study. Statistics Canada (StatCan) researchers compared Canadian-born households with established immigrants who had lived in the country for at least 10 years. They found the immigrant group came out ahead across every wealth quartile, though the gap narrowed at the top. The difference […]
Did the bottom just fall out for the Greater Toronto real estate market? BILD GTA and Altus Group data shows new home sales across the region in June were double last year’s volume, but remain the second-weakest for the month on record. That almost seems like an insignificant detail in contrast to single-family homes plunging […]
Canadian households are still borrowing at an elevated pace, but it’s not for housing this time. Statistics Canada (StatCan) data shows household credit climbed in May, growing at its fastest pace in well over a year. Despite mortgages representing the majority of debt, the segment continued to slow after a premature cycle peak. Consumer credit […]
Canadian inflation is slowing, but those living outside Ottawa’s models may struggle to feel relief. Statistics Canada’s (StatCan) latest Consumer Price Index (CPI) shows growth decelerated in June, largely due to gasoline and shelter. In reality, gas prices remain more than 20% higher than last year, while shelter’s slowdown is driven by modelled ownership costs—not […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Are Leaving At A Record Pace—and Half Are From Ontario Immigration caps aren’t the only drag on population—Canadians are leaving too. Emigration, when citizens or PR holders permanently leave, is climbing fast. Most of that outflow is coming from Ontario, where […]
Canada’s building boom is slowing, but still very much alive–even without population growth. Canada Mortgage and Housing Corporation (CMHC) data shows housing starts slipped in June. BMO Capital Markets wrote to investors, explaining volumes of new housing aren’t a concern. However, they note Canada is building a “nation of rentals,” as most new units will […]
